Thai economy to grow 4% in 2021 following 6.5% decline in 2020 The World Bank is now expecting the Thai economy to see 4% growth this year, and a 4.7% growth in 2022, despite current challenges from the new wave of COVID-19 infections. The World Bank now expects that the Thai economy to expand by 4 per…
Kasikorn Research expects Thailand’s GDP to grow 2.6% in 2021 The Thai economy has been showing signs of recovery, thanks to the government’s many stimulus measures and Kasikorn Research Center has predicted that the 2021 GDP will grow 2.6% next year. Kasikorn Research Center has predicted that the 2021 GDP will grow 2.6%, suggesting the government…
Thai economy shrinks at fastest pace in eight years Thailand’s economy contracted 1.8 percent in the January-March period from a year earlier, the sharpest fall in eight years in the first quarter, mainly due to the COVID-19 pandemic’s impact on tourism and domestic activity. Hanoi (VNA) – Thailand’s economy contracted 1.8 percent in the January-March period from a…
IMF and SCB lower Thai growth forecast under 3% IMF and SCB have joined other banks and organisations to predict Thai economic growth under 3% for 2019. Siam Commercial Bank’s (SCB) Economics Intelligence Center (EIC) has adjusted its Thailand 2019 economic growth projection from 3 percent down to 2.8 percent. The center has reported that…